NEWS

Nigerians, Eritreans Top List Of Those Taking ‘Enormous Risks’ To Europe – UNHCR

Daily Dispatch February 28, 2017

The Office of the UN High Commissioner for Refugees has raised an alarm that refugees and migrants, many of them Nigerians, are taking more “diversified and dangerous journeys” to cross rough seas. The UNHCR Director of Europe Bureau, Vincent Cochetel, while releasing a new report: “Desperate

BUSINESS LEAD STORY 1

FG Plans $20b Gas Industrial Park In Niger Delta – Osinbajo

Daily Dispatch February 28, 2017

The Federal Government says it plans to establish a N20 billion gas industrial park in the Niger Delta. This followed the renewed interactive engagement with oil bearing communities in the region. The Acting President, Prof. Yemi Osinbajo, said this on Monday when some international developers and investors of the project met with him at the […]

LEAD STORY 2

N601bn Debt: GenCos Warn Of Imminent Blackout

Daily Dispatch February 28, 2017

The country might be thrown into total darkness if the N601billion debts owed  Investors in the generation companies (GenCos) by consumers through the off-taker, the Nigerian Bulk Electricity Trading Plc (NBET) – a Federal Government’s owned public liability company. The investors spoke yesterday at the Nigeria Power Summit, part of the ongoing Nigeria Oil and […]

NEWS

Arms scam: Obanikoro’s Wife Loses Abuja Mansion To FG, Appeals

Daily Dispatch February 28, 2017

A Federal Capital Territory High Court, sitting in Jabi, Abuja, has ordered that Alhaja Moroophat Obanikoro, the wife of a former Minister of State for Defence, Senator Musiliu Obanikoro, should forfeit her property pending the outcome of investigations into her husband and children. The court also rejected a prayer asking the Economic and Financial Crimes […]

BUSINESS

Zenith Bank Declares N129.65bn Profit After Tax

Daily Dispatch February 27, 2017

Zenith International Bank Plc has declared a profit after tax of N129.65 billion and a final dividend of N1.77 per share for the financial year ended December 31, 2016. This is contained in the company’s audited result report released by the Nigerian Stock Exchange (NSE) on Monday in Lagos. This was in contrast with N105.66 […]

NEWS

Ogun Police Arrest Three Women Over Lover’s Death

Daily Dispatch February 27, 2017

Omooba Risawe Three women have been arrested by Ogun State Police Command following mysterious death of lover of one of them‎ in Mamugba village, Sagamu local government of the state. This was made known on Monday by the Command Public Relations Officer, Abimbola Oyeyemi adding that the suspects connived to dump remains of the victim […]